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Bank of Baroda

Grapevine: ARCIL, others bid for Reliance Commercial Finance; Tatas' Air India bid soon

General

14 August, 2020

Grapevine: ARCIL, others bid for Reliance Commercial Finance; Tatas' Air India bid soon

Thirteen investors submitted bids for Reliance Commercial Finance, which is undergoing an insolvency process, after lenders led by Bank of ......

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Once-iconic textile firm enters bankruptcy to weave its way out of crisis

Manufacturing

14 July, 2020

Once-iconic textile firm enters bankruptcy to weave its way out of crisis

A textile company that owns a once-iconic saree brand is the latest to enter bankruptcy proceedings after a Mumbai-based asset ......

Bank of Baroda, other lenders count cost of loans in NMC Health collapse

Finance

10 July, 2020

Bank of Baroda, other lenders count cost of loans in NMC Health collapse

As the crisis engulfing his business empire deepened, Bavaguthu Raghuram Shetty met with Bank of Baroda officials in mid-March to ......

NMC founder BR Shetty owes over $250 mn to Bank of Baroda

Healthcare

19 May, 2020

NMC founder BR Shetty owes over $250 mn to Bank of Baroda

Bank of Baroda is seeking to recover loans worth more than $250 million from NMC founder BR Shetty and his ......

ONGC, HPCL buy out state-run banks from Petronet MHB

Infrastructure

27 February, 2020

ONGC, HPCL buy out state-run banks from Petronet MHB

Oil & Natural Gas Corp and its unit Hindustan Petroleum Corp have struck a deal to acquire the 34.56% they ......

Equifax to buy out SBI, other partners in India joint venture

Finance

15 January, 2020

Equifax to buy out SBI, other partners in India joint venture

US-based consumer credit reporting firm Equifax Inc. is buying the stake held by State Bank of India and its other ......

Bank of Baroda to sell Trinidad and Tobago unit to ANSA Merchant Bank

Finance

12 December, 2019

Bank of Baroda to sell Trinidad and Tobago unit to ANSA Merchant Bank

State-run Bank of Baroda has agreed to sell its business in the Caribbean nation of Trinidad and Tobago as part ......

SBI to trim stake in UTI Mutual Fund via IPO

Finance

04 December, 2019

SBI to trim stake in UTI Mutual Fund via IPO

Top lender State Bank of India on Wednesday approved the sale of an up to 8.25% stake in mutual fund ......

Slowing Indian bank lending overshadows economic rebound hopes

Economy

16 October, 2019

Slowing Indian bank lending overshadows economic rebound hopes

Credit growth at Indian banks has dropped to its lowest level in nearly two years, the latest Reserve Bank of ......

Bank of Baroda, BNP Paribas to merge mutual fund businesses

Finance

12 October, 2019

Bank of Baroda, BNP Paribas to merge mutual fund businesses

The mutual fund arms of state-run lender Bank of Baroda and the India unit of French financial services group BNP ......